证券代码：002221 证券简称：东华能源 公告编号：2025-056 东华能源股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 二、控股股东一致行动人获得增持专项贷款承诺函的情况 根据中国人民银行、金融监管总局、中国证监会发布《关于设立股票回购增 持再贷款有关事宜的通知》的指导意见，马森能源（南京）有限公司（以下简称 "马森南京"）符合主要股东增持股票的基本条件。近日，马森南京与中国工商 银行股份有限公司张家港分行达成合作意向，取得其出具的《贷款承诺函》，主 要内容为该行同意在符合法律法规、监管规定以及该行贷款审批条件的前提下， 为马森南京办理股票增持专项贷款，贷款额度不超过人民币贰亿贰仟伍佰万元整， 贷款期限 3 年，仅用于增持东华能源股票，贷款具体权利和义务以正式签署的合 同为准。 三、风险提示 本次增持计划存在因政策或证券市场情况发生变化等因素，导致增持计划无 法达到预期的风险。如增持计划实施过程出现相关风险，东华石油（长江）有限 公司及其一致行动人将采取切实可行措施予以应对，公司将及时履行信息披露义 务。 敬请投资者注意投资风险。 特此公 ...

Group 1 - The Norwegian Sovereign Wealth Fund reported a 6.4% return in Q2, marking its best quarterly performance since the end of 2023, with a total fund size of $1.9 trillion [1] - The fund's performance was primarily driven by equity investments, achieving an 8.45% return on equity assets, with significant contributions from non-listed infrastructure investments [1] - Approximately two-thirds of the fund's assets are allocated to the stock market, covering around 8,700 listed companies across 44 countries, with a strong focus on major US tech companies [1] Group 2 - Energy stocks in the fund's portfolio had an overall return of 6.3% in the first half of 2025, despite fluctuations in oil prices due to geopolitical tensions [2] - European stock markets outperformed globally with a 17.8% increase, while North American markets only rose by 1.4%, highlighting regional performance disparities [2] - The financial sector was a key driver of returns, achieving a 16.5% return and representing 17% of the stock investments, with European bank stocks benefiting from improved profitability [2] Group 3 - The fund has faced controversy over investments in companies linked to the Israel-Gaza conflict, leading to the termination of partnerships with external management firms and withdrawal from 21 Israeli companies [3] - The fund follows a passive investment strategy based on benchmarks set by the Ministry of Finance, with a focus on global equity indices and a fixed income allocation of 70% government bonds and 30% corporate bonds [3] - The report reflects both structural opportunities amid global market volatility and the challenges of balancing geopolitical and ethical investment considerations [3]

东华能源股份有限公司 章 程 第一章 总则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的组织和 行为，根据《中华人民共和国公司法》（以下简称《公司法》）《中华人民共 和国证券法》（以下简称《证券法》）《上市公司章程指引》和其他有关规定 ，制定本章程。 第二条 东华能源股份有限公司系依照《中华人民共和国公司法》和其他有 关规定成立的股份有限公司（以下简称公司）。 第三条 公司系经中华人民共和国商务部商外资资审A字[2007]0057号批准 证书批准,于2007年3月22日以发起方式变更设立为外商投资股份有限公司；并 在苏州市市场监督管理局登记,取得企业法人营业执照，统一社会信用代码： 首次向社会公众发行人民币普通股5600万股，于2008年3月6日在深圳证券交易 所上市。 第四条 公司注册名称：（中文全称）东华能源股份有限公司 （英文全称）ORIENTAL ENERGY CO., LTD. 第五条 公司住所: 张家港保税区金港路8号石化交易大厦1716-2室 邮政编码: 215634 第六条 公司注册资本为人民币1,576,127,767元。 第七条 公司为永久存续的外商投资股份有限公司。 第八 ...

7月24日，中国石油燃料油有限责任公司在上海洋山港成功为中远海运集运公司"COSCO PRIDE"轮 加注875吨国产超低硫重质船燃。 中国石油提供的国产超低硫重质船燃其硫排放较传统低硫船燃降低约80%，较轻馏分型燃料生产成 本及能耗更低，与船舶主机适用性更好，更适配市场需求。 【纠错】 【责任编辑:施歌】 根据国际海事组织海上环境保护委员会第79届会议要求，地中海区域作为排放控制区于2025年5月1 日起船燃含硫量上限从0.5%降至0.1%。根据测算，全球超过17%的邮轮和24%的其他船队在地中海航 行，新规实施后将带来约400万吨/年硫含量低于0.1%的船用轻柴油和超低硫重质船燃需求。为抢抓国际 航运绿色低碳转型契机，上海自由贸易试验区临港新片区管委会与中国石油等单位密切协作，推动绿色 船燃加注不断取得突破。 临港新片区管委会综保处工作人员袁乾鹏说："上海洋山港开展超低硫重质船燃加注对国际航运绿 色低碳转型具有重要示范引领作用，这标志着上海建立起传统燃油、生物燃料油、超低硫燃料油、液化 天然气、绿色甲醇等全方位解决方案，将为上海打造全球航运枢纽，建设高能级航运服务中心打下坚实 基础。"（记者杨有宗） ...

Core Viewpoint - The global oil industry is facing significant profitability challenges due to declining oil prices, with major oil companies reporting substantial decreases in revenue and net profit for the first half of 2025 compared to the previous year [1][3]. Group 1: Oil Price Trends - WTI crude oil futures averaged $67.52 per barrel in the first half of 2025, a year-on-year decline of 14.33%, while Brent averaged $70.81 per barrel, down 15.11% [1]. - Global crude oil inventories are expected to continue increasing, with an average daily growth of approximately 1.2 million barrels in the first half of 2025, maintaining a growth trend of 900,000 barrels per day in the second half [6]. Group 2: Financial Performance of Major Oil Companies - The combined adjusted profit of six major international oil companies, including Saudi Aramco, BP, Shell, Chevron, TotalEnergies, and ExxonMobil, was approximately $93.874 billion in the first half of 2025, a decrease of 17.2% from $113.38 billion in the same period of 2024 [1][2]. - Saudi Aramco reported a revenue of $223.135 billion, down 7.9%, and an adjusted net profit of $50.868 billion, down 10% [2][3]. - Other companies experienced even larger declines, with Chevron's adjusted net profit falling by 32% and BP's net profit dropping from $5.379 billion to $3.734 billion [3]. Group 3: Challenges and Strategic Responses - The oil companies are grappling with a "volume increase, price drop" dilemma, where rising transaction volumes only partially offset the impact of falling oil prices [3]. - Companies are increasingly focusing on energy transition and diversification to mitigate the risks associated with oil price volatility. For instance, Saudi Aramco is expanding its natural gas production and trade [7]. - Despite these efforts, companies face challenges in their transition strategies due to external environmental changes and internal strategic misjudgments, as seen with Shell's reduction in renewable energy investments and TotalEnergies' scaling back of solar energy goals [8]. Group 4: Future Outlook - The outlook for oil prices remains pressured, with major energy agencies predicting a continued oversupply in the global oil market through 2026, leading to sustained downward pressure on prices [5][6]. - Long-term strategies for achieving carbon neutrality are being set by companies, with China Petroleum aiming for a significant reduction in carbon emissions by 2040 and a balanced approach between oil, gas, and new energy by 2050 [8].

证券之星消息，根据天眼查APP-财产线索数据整理，根据四川省残疾人体育训练中心月8日7发布的 《四川省残疾人体育训练中心四川省残疾人体育训练中心车辆加油、添加燃料服务直接选定采购合同政 府采购合同公告》内容显示，中国石油天然气股份有限公司中标，详情如下： 标题：四川省残疾人体育训练中心四川省残疾人体育训练中心车辆加油、添加燃料服务直接选定采购合 同政府采购合同公告 通过天眼查大数据分析，中国石油天然气股份有限公司共对外投资了1286家企业，参与招投标项目445 次；财产线索方面有商标信息107条，专利信息31660条；此外企业还拥有行政许可168个。 数据来源：天眼查APP 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 采购方：四川省残疾人体育训练中心 供应商：中国石油天然气股份有限公司四川眉山销售分公司 中标金额：19000.0 地区：四川省 发布日期：2025-08-07 ...

Oil Market Overview - Brent and WTI crude oil futures averaged $67.4 and $64.9 per barrel respectively, down $4.2 and $3.6 from the previous week [2] - Total U.S. crude oil inventory stands at 830 million barrels, with commercial inventory at 420 million barrels, strategic inventory at 400 million barrels, and Cushing inventory at 20 million barrels, showing changes of -2.79 million, -3.03 million, +0.23 million, and +0.45 million barrels respectively [2] - U.S. crude oil production is at 13.28 million barrels per day, a decrease of 30,000 barrels per day from the previous week [2] - U.S. refinery crude oil processing volume is 17.12 million barrels per day, an increase of 210,000 barrels per day, with a refinery utilization rate of 96.9%, up 1.5 percentage points [2] Refined Products - Average prices for gasoline, diesel, and jet fuel in the U.S. are $88, $96, and $89 per barrel respectively, down $3.9, $5.2, and $5.1 from the previous week [3] - U.S. gasoline, diesel, and jet fuel inventories are at 230 million, 110 million, and 40 million barrels respectively, with changes of -1.32 million, -0.57 million, and +0.97 million barrels [4] - Production of gasoline, diesel, and jet fuel in the U.S. is at 980,000, 511,000, and 198,000 barrels per day respectively, with changes of -24, -10, and +11 thousand barrels per day [5] - Consumption of gasoline, diesel, and jet fuel in the U.S. is at 904,000, 372,000, and 171,000 barrels per day respectively, with changes of -11, +12, and -39 thousand barrels per day [6] Trade Dynamics - U.S. gasoline imports, exports, and net exports are 120,000, 950,000, and 820,000 barrels per day respectively, with changes of +1, +6, and +5 thousand barrels per day [6] - U.S. diesel imports, exports, and net exports are 80,000, 1.55 million, and 1.47 million barrels per day respectively, with changes of -15, +23, and +38 thousand barrels per day [6] - U.S. jet fuel imports, exports, and net exports are 0, 140,000, and 140,000 barrels per day respectively, with changes of -6, 0, and +6 thousand barrels per day [6] Related Companies - Recommended companies include China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), and China National Petroleum Corporation (PetroChina) [6]

Core Insights - The report provides a comprehensive overview of the U.S. crude oil and refined products market, highlighting changes in prices, inventory levels, production, and import/export activities. U.S. Crude Oil - The average weekly prices for Brent and WTI crude oil futures were $67.4 and $64.9 per barrel, down $4.2 and $3.6 from the previous week [2] - Total U.S. crude oil inventory was 830 million barrels, with commercial inventory at 420 million barrels, strategic inventory at 400 million barrels, and Cushing inventory at 20 million barrels, showing changes of -2.79 million, -3.03 million, +0.23 million, and +0.45 million barrels respectively [2] - U.S. crude oil production was 13.28 million barrels per day, a decrease of 30,000 barrels per day from the previous week [2] - U.S. refinery crude oil processing volume was 17.12 million barrels per day, an increase of 210,000 barrels per day, with a refinery utilization rate of 96.9%, up 1.5 percentage points [2] - U.S. crude oil imports, exports, and net imports were 5.96 million, 3.32 million, and 2.64 million barrels per day, reflecting changes of -170,000, +620,000, and -790,000 barrels per day respectively [2] U.S. Refined Products - Average weekly prices for gasoline, diesel, and jet fuel were $88, $96, and $89 per barrel, down $3.9, $5.2, and $5.1 respectively, with price differentials to crude oil at $20, $28, and $21 per barrel [3] - Gasoline, diesel, and jet fuel inventories were 230 million, 110 million, and 40 million barrels, with changes of -1.32 million, -570,000, and +970,000 barrels respectively [3] - Production of gasoline, diesel, and jet fuel was 9.80 million, 5.11 million, and 1.98 million barrels per day, showing decreases of 240,000, 100,000, and increases of 110,000 barrels per day respectively [3] - Consumption of gasoline, diesel, and jet fuel was 9.04 million, 3.72 million, and 1.71 million barrels per day, reflecting changes of -110,000, +120,000, and -390,000 barrels per day respectively [3] Refined Products Import/Export - U.S. gasoline imports, exports, and net exports were 120,000, 950,000, and 820,000 barrels per day, with changes of +10,000, +60,000, and +50,000 barrels per day respectively [4] - U.S. diesel imports, exports, and net exports were 80,000, 1.55 million, and 1.47 million barrels per day, with changes of -150,000, +230,000, and +380,000 barrels per day respectively [4] - U.S. jet fuel imports, exports, and net exports were 0, 140,000, and 140,000 barrels per day, with changes of -60,000, 0, and +60,000 barrels per day respectively [4] Related Companies - Recommended companies include China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), and China National Petroleum Corporation (PetroChina) [4] - Companies to watch include Sinopec Oilfield Service Corporation and China Oilfield Services Limited [4]

Financial Data and Key Metrics Changes - In Q2 2025, Petrobras reported a net income of $4.1 billion and EBITDA of $10.2 billion, both excluding one-off events, which are consistent with the previous quarter despite a 10% decline in Brent prices [11][12] - Operating cash flow decreased to $7.5 billion compared to the previous quarter, primarily due to known events such as tax credits and higher selling expenses related to increased crude oil export volumes [13][14] - The company maintained a financial debt level under control, with over 60% of total indebtedness related to leases of platforms, vessels, and rigs [14][15] Business Line Data and Key Metrics Changes - Petrobras increased its gas supply to the market by 15%, mainly due to the progress of the Route 3 pipeline and the Bua Ventura gas processing unit [2][10] - Total production reached a record of 4.2 million barrels of oil equivalent per day, with a 5% increase in production volume in Q2 [10][12] - The company achieved a midpoint of its 2025 production target of 2.3 million barrels per day in the first half of the year [8] Market Data and Key Metrics Changes - Brent prices fell by 10% quarter-over-quarter, impacting revenue, but increased production helped mitigate the effects on financial results [8][12] - The company expects average oil and gas production in 2025 to be at the upper end of the target range, with a potential additional revenue of $2.5 billion at a price of $70 per barrel [21] Company Strategy and Development Direction - Petrobras is focused on increasing production efficiency and reducing costs in response to the challenging geopolitical environment and fluctuating oil prices [4][5] - The company aims to optimize its projects and maintain a strong commitment to generating value for investors and Brazilian society [6][22] - Future projects will be evaluated based on profitability and alignment with the company's strategic goals, ensuring capital discipline [49][52] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by falling oil prices but emphasized the company's ability to adapt through increased production and cost reductions [4][5] - The management expressed confidence in achieving production targets and maintaining financial robustness despite external pressures [22][83] - The company is committed to complying with all contracts and ensuring profitable projects are prioritized [83][85] Other Important Information - Petrobras plans to distribute 45% of its free cash flow from Q2, amounting to 8.7 billion Brazilian reals, to shareholders in two equal installments [22][23] - The company has successfully executed a public offering of debentures totaling 3 billion Brazilian reals, allowing for competitive funding in the local market [15] Q&A Session Summary Question: What advancements can be expected in natural gas distribution and how does it integrate with the business plan? - Petrobras is focused on increasing gas production and exploring synergies, but currently has no projects to acquire LNG [25][26] Question: Can you discuss the risk factors that lead to a more conservative production curve? - Management highlighted the importance of connecting fields to maximize production and acknowledged the impact of scheduled shutdowns on output [35][38] Question: What is the flexibility regarding CapEx in light of lower oil prices? - The company will reassess projects based on profitability and may postpone or optimize projects as needed, while maintaining its CapEx guidance for the year [72][75] Question: How does Petrobras plan to handle potential movements in the ethanol sector and pre-salt layer auctions? - Petrobras will participate in pre-salt layer auctions if economically viable, while also focusing on renewable fuels and energy transition projects [69][70] Question: Can you clarify the partnership with Accent and its synergies with Guyana and Suriname? - The partnership with Accent is aimed at sharing risks and knowledge, leveraging similarities in the operational environment [64]

Financial Data and Key Metrics Changes - In Q2 2025, the company reported net income of $8.4 million or $0.08 per share and adjusted EBITDAX of $49.9 million, driven by NRI production of 16,956 BOE per day, which exceeded guidance [5][18] - NRI sales for the quarter were 19,393 BOE per day, a slight increase from the first quarter, while pricing decreased by approximately 15% quarter over quarter [19] - Production costs for Q2 were $40.4 million, a 10% reduction quarter over quarter, with a per barrel cost of $22.87 [20] Business Line Data and Key Metrics Changes - The FPSO project in Cote D'Ivoire is ahead of schedule, with significant investments expected to yield production increases starting in 2026 [9][10] - Gabon has shown positive production results, with strong uptime and improved decline curves, and a drilling program is set to begin in late Q3 2025 [10][12] - In Egypt, the company has drilled multiple wells in 2025, with plans for an additional eight wells in the second half of the year [13][59] Market Data and Key Metrics Changes - The company has seen higher volatility in the commodity price environment in 2025, impacting pricing despite increased sales [19] - The company’s unrestricted cash at the end of Q2 was $67.9 million, not including approximately $24 million in receipts collected in July [21] Company Strategy and Development Direction - The company remains focused on operational efficiency, prudent investments, and maximizing asset value while returning cash to shareholders through dividends [7][26] - A new reserve-based revolving credit facility was established with an initial commitment of $190 million, allowing for growth to $300 million to fund organic growth initiatives [6][22] - The company is committed to returning over $100 million to shareholders through dividends and share buybacks since 2022 [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to execute on multiple major projects that are expected to significantly grow production and reserves [27] - The company anticipates a strong year in 2025, with continued focus on organic growth and shareholder returns [71] Other Important Information - The FPSO refurbishment in Cote D'Ivoire is underway, with the vessel expected to return to service in early 2026 [8][9] - The company has maintained its full-year guidance despite a 10% reduction in CapEx forecast [23] Q&A Session Summary Question: Update on Cote D'Ivoire project status - The FPSO project remains ahead of schedule, with projections for reconnection in March 2026 [32] Question: Working capital and cash flow expectations - Working capital is expected to show a positive inflow in Q3, with improvements in receivables anticipated [34] Question: Cote D'Ivoire FPSO critical path concerns - The bearing swivel assembly is on track for installation, with no delays expected [41] Question: Impact of Gabon drilling program on production - Minimal disruptions are expected during the drilling program, with planned downtime aligned with rig movements [51] Question: Equatorial Guinea final investment decision timeline - The FID for Equatorial Guinea is projected for 2026, with ongoing evaluations to optimize expenditures [46] Question: Planned drilling activity in Egypt - The company plans to drill eight additional wells in the second half of the year, which is expected to positively impact production [59]